World markets hit by fresh blows
Fears of deepening economic trouble in the US has sent global stock markets diving again. Full Story »
Posted by Derek Hawkins
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Topics:
Global Economy, Asia, U.S. Economy, Finance
Editorial
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Posted by Derek Hawkins - Nov 20, 2008 - 12:23 AM PST
Reviewed by:
Derek Hawkins (review), Patricia Blochowiak (review), Matt Collette (review)
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Derek Hawkins - Nov 20, 2008 - 12:23 AM PST
Context is key in covering the global financial crisis, because there are so many moving parts. This story starts to get at that, showing how economic problems in the US are affecting markets around the world, especially by examining the plights of American auto companies.
It's interesting to see how the US markets can cause the Asian markets to fall, which then can cause the US markets to fall even lower. It'd be interesting to see if that phenomenon actually causes more panic, making this crisis even worse. I don't know how a reporter would get at that, but I'd love to see somebody try.
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